Latest Mining Equipment News

Caravel Minerals has released an updated strategic mine plan for its Western Australian copper project, confirming a robust 25+ year operation with improved ore grades and deferred capital expenditure. The plan prioritises conventional diesel mining and optimised pit sequencing to reduce risk and enhance early cash flow.

Bathurst Resources has released a detailed Prefeasibility Study for its Buller Plateaux Continuation Project, confirming 11.8 million tonnes of coal reserves and robust project economics that could extend the life of the Stockton Mine by over 15 years.

Australia United Mining reported no new activity at its NSW Sofala joint venture but revealed promising high-grade gold assays in Queensland’s Queenslander workings, alongside disappointing results at Goldsmith North. The company faces tight cash reserves but has secured related-party loan facilities to support ongoing operations.

Beacon Minerals reported solid gold production of 6,884 ounces in Q3 2025 with a strategic focus on expanding its Iguana deposit and maintaining a robust gold retention strategy.

Volt Group Limited has reported a record year-to-date revenue of $4.01 million for Q3 FY25, driven by strong sales in its Wescone and EcoQuip divisions, alongside advancing its ATEN Waste Heat to Power project.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Everlast Minerals Ltd has successfully completed its IPO, raising $6 million and commencing ASX trading under ticker EV8, setting the stage for advancing its mineral sands projects in Bangladesh.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Beacon Minerals has announced a robust Laterite Ore Reserve at its Iguana Deposit, projecting strong pre-tax cash flows and a streamlined 12-month mine life. The Pre-Feasibility Study underscores the project’s economic viability amid current gold prices.

Meeka Metals delivered a strong September quarter with gold production exceeding feasibility study forecasts and costs coming in below plan, underpinning confidence in the Murchison Gold Project’s growth trajectory.

Iluka Resources reported steady Q3 production but announced suspension of synthetic rutile and Cataby mine operations from December 2025, aiming for significant cost savings. Meanwhile, rare earths refinery construction accelerates amid tightening Chinese export controls.

Alkane Resources reports a total of 1.97 million ounces of gold in Mineral Resources at its Swedish Björkdal operations, with underground mining ongoing and open pit mining paused until 2027. Exploration highlights suggest promising extensions near existing infrastructure.